Analyst Ratings for MetLife Inc. (MET)Updated: 2017-07-28
Analysts covering MetLife Inc. (NYSE:MET) have given it a consensus rating of Overweight. About 30 days ago, MET was issued an average rating of Overweight.
11 analysts declared MET a buy, 0 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for MET. The most optimistic price target was 67, implying a possible profit of 21.73 percent. The minimum price target given was 51, implying potential capital losses of -7.34 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -0.77 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.28 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.47 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.
MET has a 52-week high of 58.09 and a 52-week low of 38.87. Today's price is 41.6 percent above the 52-week low, and below the high by 5.25 percent. MET has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The MET value stock report compares MET to some of its peers using value stock charts. The stock has a market capitalization of $59.22 billion. MET will post this quarters earnings in days, on 0000-00-00.